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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Post by Analyste-57on Jun 17, 2020 2:08pm
98 Views
Post# 31161264

How will the closure of Hexo end today ???

How will the closure of Hexo end today ???
Tomorrow the mm20 will amount to $ 1.12 or $ 1.13. Which forces the action of Hexo to end in force at the end of this day, at least at $ 1.13 today and preferably even higher to justify this rebound expected and this, as a first attack at its mm20.
 
Normally in a first attack expected by traders at its mm20, the chances are in our favor for there to be this positive rebound above its mm20 and continuation of the rise as a result. However this is not always poured into cement.
 
In the event that prices fall below its mm20 tomorrow, this will not bode well for Hexo's action. We could gradually witness in the following days a drop in action until its mm50.
 
But rest assured! Traders will buy in force and will take advantage of this sharp drop at this price to get rich at 9 out of 10 chances or increase their actions in the base, you can believe me, in order to bring the action up sharply.
 
 
I look forward to seeing the markets close today to find out the direction of the market tomorrow and I hope to see a closing in the $ 1.13 and up today.
 
My technical advice simply!
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